See Home Value
Henderson 75156
122 Lake Terrace Drive
$736,000
● House - Off Market

122 Lake Terrace Drive

Mabank, TX 75156
bedrooms
7 Beds
bathrooms
4 Baths
square feet
2,867 Ft²
$4,448
Est. Monthly
$33
HOA / Fees

About This Property

Timeless lakehouse-style home with a versatile guest house, located in a gated community offering a boat launch, park, and clubhouse. The main home features 1,715 sq ft with 4 bedrooms and 2 baths, complemented by a 1,152 sq ft guest house with 2 additional full baths and flexible living and sleeping spaces-ideal for hosting family and friends. Inside, dramatic walls of windows rise to a vaulted pine ceiling, filling the home with natural light. Recent updates include durable luxury vinyl plank flooring and a built-in bar with wine refrigerator. The stone wood-burning fireplace and kitchen with granite countertops add warmth and character, creating a comfortable, inviting atmosphere. The two-story guest house expands your options, with a spacious downstairs room featuring a full bath, wet bar, and wood-look tile flooring-perfect as a game room, bunk space, or additional living area or combination of all 3. Upstairs offers another full bath, living or sleeping space, plus two additional bedrooms. Outdoors, a generous covered deck with wood ceiling overlooks a lovely, treed yard with peaceful cove views. A detached 280 sq ft shed garage provides ample storage for water toys and lawn equipment, while the circle drive allows for plenty of parking. The fully fenced backyard is ideal for pets and kids. A boathouse and lake fed sprinkler system complete the package-everything you need for the perfect lake getaway. The cedar-look Hardie Board siding delivers classic lakehouse charm with low-maintenance durability. New roof and gutters installed in 2025. Conveniently located just around the corner from Pinnacle Golf Club, where social and golf memberships are available, along with a pay-to-play option. Starlink internet available.
Unit Size
2,867 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$314
Property Type
House
Property Taxes
-
HOA Dues
$33
Year Built
2009

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Last updated: 2 months ago (NTREIS #21226319)

Price History

Date / Event Date Event Price
Aug 25, 2026 Sold
Sold
Aug 1, 2026 In contract -
In contract
Jul 11, 2026 Price Decreased $899,000
↓ $50K (5.3%)
Price Decreased
May 20, 2026 Price Decreased $949,000
↓ $50K (5%)
Price Decreased
Apr 3, 2026 Listed by Ebby Halliday Realtors $999,000
Listed by Ebby Halliday Realtors

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 3
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 856
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,273
  • Lot Size Depth Feet: 1,810
  • Lot Size Frontage Feet: 860
  • Total Building Area: 1,560
  • Gross Building Area: 1,056
  • Building Area: 1,560
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,560
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAROLYN ESTATES (378)
  • Land Acres: 0000000304
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LT 297 AB 158 J T CARTER SUR, CAROLYNN ESTATES LT 297

Neighborhood

  • School District Name: Malakoff Independent School District
  • School Tax School District: MALAKOFF ISD
  • Census Tract: 950903

Geography

  • Assessors Map Reference: 27X
  • Account Number: R000032162
  • Parcel: 2285-0000-2970-60
  • Lot: 297
  • Municipality: MABANK
  • Latitude: 32.2323
  • Longitude: -96.0779

    Address

  • Full Address: 122 Lake Terrace Dr
  • Address - House Number: 122
  • Address - Street Name: Lake Terrace
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Mabank
  • Carrier Code: R017
  • 4-Digit Zip Code: 7022
  • Zip Code: 75156

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,020,989
  • Tax Rate Code Area: ES2,HC,HE,

    Appraisal Valuation

  • Standard Deviation: 0.4536
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 9
  • Final Value: 590,659
  • High Value: 858,627
  • Low Value: 322,690

    Market Valuation

  • Market Total Value: $720,589
  • Market Land Value: $193,500
  • Market Improvement Value: $527,089

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $720,589
  • Assessed Land Value: $193,500
  • Assessed Improvements Value: $527,089

    Sales

  • Current Sale Contract Date: Jul 08, 2009
  • Current Sale Recording Date: Jul 09, 2009
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2009-00010507
  • Previous Sale Recording Date: Dec 27, 2006
  • Previous Sale Contract Date: Dec 21, 2006
  • Previous Sale Amount: $149,500
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Henderson


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Nearby Rentals

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$1,575 /mo

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  • 2 Baths
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166 Coahoma Street, Mabank, TX, 75156 Listing by Michael Slaughter
Unit for rent at 110 Fawn, Mabank, TX, 75156

$1,449 /mo

  • 2 Beds
  • 2 Baths
  • 760 ft²
110 Fawn, Mabank, TX, 75156 Listing by Gabbie Rosales
Unit for rent at 182 Bay Drive, Mabank, TX, 75156

$1,400 /mo

  • 1 Bed
  • 1 Bath
  • 1,200 ft²
182 Bay Drive, Mabank, TX, 75156 Listing by Jesse Burks


Frequently Asked Questions

When was property at 122 Lake Terrace Drive built and last sold?
The property at 122 Lake Terrace Drive was built in 2009 and last sold on Jul 8, 2009 for $300,000.
How much is this home worth?
The estimated value of the home located at 122 Lake Terrace Drive is $958,490.
What are some comparable homes to 122 Lake Terrace Drive?
There are currently no comparable homes to 122 Lake Terrace Drive.